Javier Milei, Special Address to the World Economic Forum, 18 January 2024
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Now what is it that we mean when we talk about libertarianism? And let me quote the words of the greatest authority on freedom in Argentina, Professor Alberto Benegas Lynch Jr, who says that libertarianism is the unrestricted respect for the life project of others based on the principle of non-aggression, in defence of the right to life, liberty and property. Its fundamental institutions are private property, markets free from state intervention, free competition, and the division of labour and social cooperation, in which success is achieved only by serving others with goods of better quality or at a better price. In other words, capitalist successful business people are social benefactors who, far from appropriating the wealth of others, contribute to the general well-being. Ultimately, a successful entrepreneur is a hero. And this is the model that we are advocating for the Argentina of the future. A model based on the fundamental principle of libertarianism. The defence of life, of freedom and of property.

— Javier Milei on Libertarianism

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Now what is it that we mean when we talk about libertarianism? And let me quote the words of the greatest authority on freedom in Argentina, Professor Alberto Benegas Lynch Jr, who says that libertarianism is the unrestricted respect for the life project of others based on the principle of non-aggression, in defence of the right to life, liberty and property. Its fundamental institutions are private property, markets free from state intervention, free competition, and the division of labour and social cooperation, in which success is achieved only by serving others with goods of better quality or at a better price. In other words, capitalist successful business people are social benefactors who, far from appropriating the wealth of others, contribute to the general well-being. Ultimately, a successful entrepreneur is a hero. And this is the model that we are advocating for the Argentina of the future. A model based on the fundamental principle of libertarianism. The defence of life, of freedom and of property." in the context of "Javier Milei, Special Address to the World Economic Forum, 18 January 2024" to mean that wisdom is timeless.

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Source: Wikiquote: "Libertarianism" (M) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 19, 2026). https://gemini.google.com/app
Javier Milei

About Javier Milei

Javier Milei (born 22 October 1970) is an Argentine politician and economist who has served as President of Argentina since December 2023. Before his election, he was an anarcho-capitalist economist who supported the Austrian School. He was elected on a right-wing libertarian populist platform which blamed Peronist economic and political institutions for Argentina's economic decline and promised radical reforms.